RBI Dismisses Speculation, Reaffirms IndusInd Bank’s Financial Stability
The Reserve Bank of India (RBI) has dismissed recent market speculation regarding IndusInd Bank, assuring depositors that the bank remains financially stable and well-capitalized. The central bank’s statement follows concerns arising from developments in the lender’s derivatives portfolio. “There is no need for depositors to react to speculative reports at this juncture. The bank’s financial…